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Egypt for Poultry nods to modify fiscal year

Egypt for Poultry nods to modify fiscal year
The modified fiscal year starts on 1 January (Photo Credit: Arabianeye-Reuters)
Egypco
EPCO
0.30% 6.67 0.02

Cairo – Mubasher: The extraordinary general meeting of Egypt for Poultry agreed to modify the article stating the beginning of the fiscal year.

The modified fiscal year starts on 1 January and ends on 31 December, instead of starting on 1 April and ending on 31 March, according to a bourse statement issued on Wednesday.

The shareholders agreed to appoint Professionals for Financial Consultancy to determine the fair value of the assets of which the company agreed to sell.